KASTAREL: what changed
KASTAREL
Largest movements
- Receivables within one year +€7,661
up €7,661 (+42.8%), from €17,917 to €25,578
of which Trade receivables: +€7,659
- Cash -€3,615
down €3,615 (-25.4%), from €14,224 to €10,609
mainly Current portion of long-term debt (-€10,623) and Receivables within one year (-€7,661)
- Deferred charges and accrued income -€1,870
no longer reported in 2025 (was €1,870)
- Tangible fixed assets -€601
down €601 (-41.2%), from €1,460 to €859
of which Plant, machinery and equipment: -€977
- Profit (loss) carried forward +€18,773
up €18,773 (+18.4%), from -€102,134 to -€83,361
- Current portion of long-term debt -€10,623
down €10,623 (-83.2%), from €12,772 to €2,149
- Trade debts -€3,024
down €3,024 (-84.3%), from €3,588 to €564
- Debts after one year -€2,149
no longer reported in 2025 (was €2,149)
- Tax, wage and social debts -€1,676
down €1,676 (-76.1%), from €2,201 to €525
- Gross operating margin -€15,854
down €15,854 (-43.0%), from €36,855 to €21,001
- Depreciation -€12,821
down €12,821 (-89.0%), from €14,399 to €1,579
- Financial charges -€911
down €911 (-77.5%), from €1,175 to €264
- Other operating charges -€688
down €688 (-62.3%), from €1,105 to €417
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,471 | €37,046 | +€1,575 | +4.4% |
| Fixed assets | 21/28 | €1,460 | €859 | -€601 | -41.2% |
| Tangible fixed assets | 22/27 | €1,460 | €859 | -€601 | -41.2% |
| Plant, machinery and equipment | 23 | €1,181 | €204 | -€977 | -82.7% |
| Furniture and vehicles | 24 | €280 | €655 | +€375 | +134% |
| Current assets | 29/58 | €34,011 | €36,187 | +€2,176 | +6.4% |
| Amounts receivable within one year | 40/41 | €17,917 | €25,578 | +€7,661 | +42.8% |
| Trade receivables | 40 | €17,916 | €25,575 | +€7,659 | +42.7% |
| Other amounts receivable | 41 | €0 | €3 | +€2 | +463% |
| Cash at bank and in hand | 54/58 | €14,224 | €10,609 | -€3,615 | -25.4% |
| Deferred charges and accrued income | 490/1 | €1,870 | - | -€1,870 | |
| Total equity and liabilities | 10/49 | €35,471 | €37,046 | +€1,575 | +4.4% |
| Equity | 10/15 | -€83,534 | -€64,761 | +€18,773 | +22.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,134 | -€83,361 | +€18,773 | +18.4% |
| Amounts payable | 17/49 | €119,005 | €101,807 | -€17,198 | -14.5% |
| Amounts payable after more than one year | 17 | €2,149 | - | -€2,149 | |
| Financial debts | 170/4 | €2,149 | - | -€2,149 | |
| Amounts payable within one year | 42/48 | €116,565 | €101,807 | -€14,759 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €12,772 | €2,149 | -€10,623 | -83.2% |
| Trade debts | 44 | €3,588 | €564 | -€3,024 | -84.3% |
| Suppliers | 440/4 | €3,588 | €564 | -€3,024 | -84.3% |
| Taxes, remuneration and social security | 45 | €2,201 | €525 | -€1,676 | -76.1% |
| Taxes | 450/3 | €2,201 | €525 | -€1,676 | -76.1% |
| Other amounts payable | 47/48 | €98,004 | €98,568 | +€564 | +0.6% |
| Accrued charges and deferred income | 492/3 | €291 | - | -€291 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,399 | €1,579 | -€12,821 | -89.0% |
| Other operating charges | 640/8 | €1,105 | €417 | -€688 | -62.3% |
| Gross operating margin | 9900 | €36,855 | €21,001 | -€15,854 | -43.0% |
| Operating profit (loss) | 9901 | €21,351 | €19,006 | -€2,345 | -11.0% |
| Financial income | 75/76B | €2 | €31 | +€30 | +1,783% |
| Recurring financial income | 75 | €2 | €31 | +€30 | +1,783% |
| Financial charges | 65/66B | €1,175 | €264 | -€911 | -77.5% |
| Recurring financial charges | 65 | €1,175 | €264 | -€911 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | €20,178 | €18,773 | -€1,404 | -7.0% |
| Profit (loss) for the period | 9904 | €20,178 | €18,773 | -€1,404 | -7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,178 | €18,773 | -€1,404 | -7.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.